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Black market euro to naira exchange rate August 9 2022

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Black Market Euro To Naira Exchange Rate August 9, 2022.

IDOMA VOICE has obtained black market euro to naira exchange rate for today 9 August 2022  and can be accessed below.

On this page, we bring to you black market euro to naira exchange rate because our readers will love to know how much is euro to naira today in the market. We have therefore sourced the figures from various Bureau De Change (BDC) markets in Lagos, Nigeria’s commercial city to give you the euro to naira black market today.

IDOMA VOICE reports that the local currency opened at ₦655 per €1 at the parallel market otherwise known as the black market, today, Tuesday morning, 9 August 2022, in Lagos Nigeria, after it closed at ₦630 per €1 on Monday morning, 8 August 2022 This represents a Nil change.

How much does it cost to buy euro or change naira to euro?

IDOMA VOICE reports that in the black market, the players buy euro for ₦655 and sell for ₦670 on Tuesday morning, 9 August 2022.

The CBN does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

“I am sorry to say that I do not, and I do not intend to recognise any FX in the market.
“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it. If you want to sell the dollar, go to your bank and sell it,” he said during a press briefing on September 17, 2021.

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